A world-trade, even of modest dimensions, can only be carried on upon the basis of high technical accomplishment, but this height of accomplishment cannot be attained on the basis of any penny-wise economy. Whoever wills the part must also will the whole, but to this whole belongs not merely the conception of a technique, but of a civilization, and indeed of a culture. One might as well demand of a music-hall orchestra which plays ragtime all the year round that once in the year, and once only, on Good Friday, it should pull itself together to give an adequate performance of the Passion Music of Bach.

FOOTNOTES:

[5] By this figure the author seems to be referring to the population of the impoverished Germany of the future if the course of Socialism proceeds on wrong lines.


V

For some decades Germany will be one of the poorest of countries. How poor she will be does not depend on herself alone, but on the power and the will for mischief of others—who hate us.

However, poverty and wealth are relative terms; Germans are still richer on the average than their forefathers; richer than the Romans or Greeks. The standard of well-being is set by the best-off of the competitors, for he it is who determines the current standard of technique and industry, the methods of production, the minimum of labour and skill. We cannot, as we have already seen, keep aloof from world-competition, for Germany needs cheap goods. We must therefore try to keep step so far as we can.

Even if we shut our eyes and take no more account of our debt to foreign lands than we do of the war-tribute, we must admit that the average standard of well-being in America far surpasses the German. Goods are not so dear as with us, and the wages of the skilled worker amounts to between seven and ten dollars a day—more than 100 marks in our money; and many artisans drive to their workshops in their own automobiles.

If, now, we ask our Radicals how they envisage the problem of competition with such a country, which in one generation will be twenty-or thirty-fold as rich as we are, they will blurt out a few sentences in which we shall catch the word "Soviet system," "surplus value,"[6] "world revolution." But in truth the question will never occur to them—it is not ventilated at public meetings.